About Financial Calculators 3 in 1
Let's clarify some of the concepts used with this app: Present Value = Principal amount or the Initial investment. How much money would be needed to produce the Future Value. Interest Rate = An interest rate is the rate...
Let's clarify some of the concepts used with this app:
Present Value = Principal amount or the Initial investment. How much money would be needed to produce the Future Value.
Interest Rate = An interest rate is the rate at which interest is paid by borrowers (debtors) for the use of money that they borrow from lenders (creditors). Specifically, the interest rate is a percentage of principal paid a certain number of times per period for all periods during the total term of the loan or credit.
Future Value = The final amount of money you want to gain in the end.
E.I. Rate = Effective Interest Rate is the interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest payable in arrears.
Each calculator has a Calculate and Clear Button.
Previous Versions
Here you can find the changelog of Financial Calculators 3 in 1 since it was posted on our website on 2016-09-23 21:10:53.
The latest version is 1.0 and it was updated on 2024-04-22 12:28:57. See below the changes in each version.
Financial Calculators 3 in 1 version 1.0
Updated At: 2015-04-27
Disclaimer
Official Google Play Link
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